No..my nick comes from a book character (and the movie was based on ? I dont know)///
Buck..thanks for remind me the name of the song..But the part i like is "burn burn burn.."
Tell me something... Have you have any idea somebody that plays 1 x 10 leverage and insist at 0.60 that will go further down(as an example) and play,lets say 100,000 leaving 200,000 warranty funds..
Uhmmm let me calculate
100,000 x 10 = 1,000,000/ 0.60 = 1,666,666 (looks evil bet isnt it ?)..
Than you see on screen 0.69 meaning 15% means you lost 150,000 and your total warranty funds are 200,000
Uowwww I told yesterday and day before..as a suggestion... close the position before you loose what you cant afford..
let me repeat..
Still better ...now than go further in insane bets.
GO SLR GO !!!!!!!!!!!!!!!!!!!!!!!!!!!
Cato
I dont give advise..i just express my view
SLR Price at posting:
70.0¢ Sentiment: ST Buy Disclosure: Held